Irish plan for sovereign wealth fund shows what can be done ...Middle East

The National.Scott - Economy
Irish plan for sovereign wealth fund shows what can be done
source : The National.Scott ( Middle East ) () 31
EARLIER this week, Ireland’s finance minister Michael McGrath outlined in his budget the intent for that nation to have a sovereign wealth fund with assets totalling £86 billion by the middle of the 2030s. The fund will be set up using some of the corporation tax windfall that Ireland has received from major global companies, amounting to some £20bn last year.

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